The Hindu Business Line : Wednesday, January 18, 2006

Fall in mercury, fog forecast in North
THE latest in the series of western disturbances to cross into the northwest of the country has induced a `low' to its southwest over northwest Pakistan, which is expected to cause scattered to widespread snowfall and rain in the impacted region. ... More

ECONOMY

`Create knowledge partnership directory'
URGING corporate India to work ceaselessly towards global competitiveness, utilising the extant knowledge-capabilities in the nation, the President, Mr A.P.J. Abdul Kalam, asked the Confederation of Indian Industry (CII) to create a "Partnership ... More

ENVIRONMENT

`Effluent treatment plants to qualify as `infrastructure facility'
POLLUTION control has got a leg up. The Central Board of Direct Taxes (CBDT) has held that effluent treatment and its carriage system would qualify as `infrastructure facility' for the purpose of tax breaks under Section 80-IA of the income-tax ... More

HEALTH

`Distance courses will not do for physiotherapy'
THE Indian Association of Physiotherapists has urged the Government not to allow distance education programmes in physiotherapy courses. Addressing presspersons here on Tuesday, Dr U.T. Ifthikar Ali, convenor of the Mangalore branch of the ... More

INFRASTRUCTURE

Move to expand HUDA jurisdiction
THE State Government is toying with the idea of expanding the jurisdiction of the Hyderabad Urban Development Authority (HUDA) by setting up a Hyderabad Metropolitan Development Authority to meet the needs of the fast growing city. The proposal ... More

Apache plans SEZ in Nellore
APACHE Investment Holdings Pte Ltd, a Singapore-based exclusive supplier of footwear to Adidas, the global footwear major, has been allotted a 315-acre site in Nellore district of Andhra Pradesh to develop a special economic zone (SEZ) and locate ... More

PHARMACEUTICALS

IPA writes to Foreign Secretary on Pfizer chief's statements
THE Indian Pharmaceutical Alliance (IPA), the apex organisation for domestic pharmaceutical companies, has taken up with the Foreign Secretary, Mr Shyam Saran, the statements made by Mr Hank McKinnell, Chairman and Chief Executive, Pfizer Inc, ... More

POWER

NHPC may scale down Upper Siang project size over Chinese concerns — `Search on for alternative site'
NHPC's future plans include an investment over Rs 3,300 crore in 2006-07 as part of its capital expenditure plan, while adding 900 MW of hydro capacity during the next fiscal. More

`Energy conservation vital'
HYDERABAD: India spends 3.8 times more energy in a unit production when compared to Japan and 1.4 times when compared to the US and 1.5 times the world average, according to Mr A. Vazeerullah, officiating Asset Manager, Rajahmundry, Oil ... More

TAXATION

Centre notifies setting up of tax tribunal
THE Centre has taken the first step towards implementing the National Tax Tribunal (NTT) legislation, which was enacted in the third week of December. It has through an executive order established the NTT, which would exercise the jurisdiction, ... More

SSI body lists VAT difficulties
THE Kerala State Small Industries Association has submitted a memorandum to the Commissioner of Commercial Taxes highlighting several problems related to the implementation of VAT in the State. The State President of the Association, Mr Xavier ... More

WATER

Separate cells to monitor Kolleru lake restoration
THE Chief Minister, Dr Y. S. Rajasekhara Reddy, has asked the Cabinet sub-committee to create separate cells in Krishna and West Godavari districts with an officer in the cadre of a Deputy Collector to closely monitor the restoration of the ... More

MANAGEMENT

Workshop on management at Thiruvananthapuram
THIRUVANANTHAPURAM: The Trivandrum Management Association (TMA) is organising a two-day workshop on `managerial effectiveness and situational leadership'in the city on January 27 and 28. Besides discussions on goal setting and role ... More

RADIO/TV

Govt notifies FII investment in news channels
THE Government has notified permitting investment by foreign institutional investors (FIIs) in news and current affairs channels within the 26 per cent overall foreign direct investment (FDI) cap. However, the portfolio investment in the form ... More

EDUCATION

Kangaroo Kids to launch Billabong School in Pune
KANGAROO Kids Education Ltd (KKEL) is set to launch the Billabong High School in Pune. Kangaroo Kids schools include Gymbaroo toddler centres, Kangaroo Kids Preschools and Billabong High Primary and high schools. The network is spread across 15 ... More

Number of Indian students in US varsities goes up 6.9 pc
THE number of Indian students in American universities in 2005 went up by 6.9 per cent over 2004, according to Fr Dr Timothy R. Lannon, President, Saint Joseph's University (Society of Jesus), Philadelphia. This despite an overall 2.9 per cent ... More

BIO-TECH & GENETICS

India, Ireland sign biotechnology pact
THE Irish BioIndustry Association (IBIA) and its Indian counterpart, the Association of Biotechnology Led Enterprises (ABLE), today signed an MoU in Bangalore as part of the ongoing Ireland trade mission to the country. The MoU lays the ... More

DISINVESTMENT

Govt to divest 5 pc equity in PFC — Co to issue fresh shares equivalent to 10 pc its equity
THE Government will be disinvesting five per cent of its equity in Power Finance Corporation to the public. PFC will also issue fresh shares equivalent to 10 per cent of its equity base to the public simultaneously. "The Cabinet has cleared ... More

SOCIAL WELFARE

3 Indian NGOs get Japanese grants
THE Embassy of Japan in India on Monday decided to extend a grant of $1,61,946 to three Indian non-governmental organisations. Through the Embassy's `Grant assistance for grassroots project' scheme, the aid has been given to support the ... More

RURAL DEVELOPMENT

AP: Rs 1,300 crore for rural job scheme
THE Andhra Pradesh Rural Employment Guarantee Scheme, set for launch on February 2, will be implemented in 13 districts of the State with an outlay of Rs 1,300 crore for the first year. This will be extended to other districts of the State in ... More

TRADE & LABOUR UNIONS

Secys' panel clears talks with GMR — Central TUs concern over Delhi, Mumbai airports revamp
THE Central Trade Unions on Tuesday expressed serious concern over the Government move to privatise the airports in Delhi and Mumbai through what they called "manipulative bidding process''. "The fastest and only logical way to modernise these ... More

EVENTS

Meet to discuss financial planning for the masses
IS there scope for financial planning for the hoi polloi, or is it a preserve of only the classes? This question will dominate discussions at the forthcoming financial planning symposium being organised by Financial Planning Standards Board ... More

Operation demolition
Hyderabad Municipal Council takes up demolition of kiosks belonging to hawkers on the main roads of the city on Tuesday following a high court order to remove all obstructions and illegal structures on the main roads of the twin cities. ... More

EXPORTS & IMPORTS

Rising domestic prices curb cotton exports
COTTON exports have begun to slow down as domestic prices have almost caught up with offers from buyers abroad. "Domestic prices are just Rs 2,000 a candy less than the rates offered for export. Taking into account the charges for ... More

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